It’s reported Santos have abandoned their attempts to sign Robinho, citing financial difficulties, so he will remain at Milan.

Santos have officially abandoned their attempts to sign Robinho, citing financial difficulties, so he will remain at Milan.

“Santos FC, the player and Milan tried to get the values and conditions that would allow the transfer, but even with the effort from all sides, it was not possible to achieve the right numbers,” read a statement.

“The cost of the transfer, including payment to the Italian side and the player’s wages, is still far from the reality of Brazilian football.”

At this stage it is also likely the player will sign a contract extension, as otherwise he’ll be a free agent in June 2014.